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Itemization

Authored by KARINA (CONT)

Professional Development

Professional Development

Used 2+ times

Itemization
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11 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

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For Indiana, is correct enter fees associated with the trade-in (excluding taxes) in the Title/License field?

True

False

2.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

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Which documents we need to complete the Itemization section?

RIC and DL

Buyers Order and RIC

RIC and Insured

Bookoout and RIC

3.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

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Which of the following is the type of fee for Sales Price:

Freight

Dealer Markup

All of the above

Dealer adjustment

4.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

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Which of the two sections in the deal summary should match?

Contract APR - Computed APR

Total ATF - Computed Total ATF

Finance Charge - Computed Finance Charge

Max APR - RM Buyrate

5.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

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For the itemization, we must match the total ATF with the RIC, in order to have the real amount on CLO?

True

False

6.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

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We need a Buyers order for California State deal

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

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If you have 'Infrastructure Maintenance Fee' for South Carolina in the RIC, in which field should we write down this fee?

DOC Fee

Additional FE Fee

Sales Tax

None of the above

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